Sentence examples for monetary flexibility from inspiring English sources

"Standard and Poor's have reaffirmed the UK's AAA rating on the basis of our 'wealthy, diversified economy; high degree of fiscal and monetary flexibility' and 'relatively flexible product and labour markets'," he said.

They are also a poor substitute for fully flexible wages and prices.In or out?The merits of monetary flexibility versus exchange-rate stability have to be weighed up by the 11 EU countries that are not (yet) in the euro.

The system collapsed largely because it allowed governments no domestic monetary flexibility.

Friedman called for monetary flexibility; today, much of the G.O.P. is fanatically devoted to the gold standard.

Controls were institutionalised in the post-war Bretton Woods agreement, to allow countries some monetary flexibility within a system of fixed exchange rates.

This, it argues, would provide the monetary flexibility to bail out dud banks (and so reduce some of the speculative pressure against the lit).

"The cost is monetary policy flexibility.

And most local economists reckon that currency stability is more important than monetary-policy flexibility.

Three countries Bulgaria, Latvia and Lithuania have currency pegs, meaning little monetary-policy flexibility.

The country's financial system is sound, the agencies said, and New Zealand continues to enjoy plenty of monetary and fiscal flexibility.

What determines whether a country can survive, let alone thrive, in a monetary union is flexibility in both labour and product markets, since it can no longer realign its costs by devaluing.As for the fiscal tests, what was to stop countries from misbehaving once they had joined?